IBM to sell select software products to HCL Technologies for $1.8B

|By:, SA News Editor

IBM agrees to sell select software products, representing a total addressable market of more than $50B, to HCL Technologies for $1.8B.

The products include Appscan for secure application development, BigFix for secure device management, Unica (on-premise) for marketing automation, Commerce (on-premise) for omni-channel eCommerce, Portal (on-premise) for digital experience, Notes & Domino for email and low-code rapid application development, and Connections for workstream collaboration.

IBM says it has ongoing IP partnerships with HCL for five of the products.

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